Stock Market & Financial Investment News

Cellcom Israel announce approval for change of indirect controlling shareholdersCellcom Israel announced that following its previous reports in relation to the Israeli court's approval of a creditors' arrangement for IDB Holding Corporation, the company received the Ministry of Communications' approval for the indirect control in the company by the Elzstain - Extra group, led by Mr. Eduardo Elzstain and Mr. Mordechai Ben Moshe. Such change of control will occur if and when the creditors' arrangement is consummated.